If your impatient like me maybe consider a sell down? Sell part on upswings over next few months maybe?
Free up some cash so you can catch another way of momentum.
I noticed with your TA you dont comment on Volume? IMO volume can be a useful indicator to check for good momentum leading into a turn in RSI or slow Stochastic. I use it often as i find at times, other indicators can be misleading? Robbbbbb often uses a weekly or monthly view of the chart when trends are harder see.
I also check the liquidity with a rough calculation. I use the 5 day moving averages multiplied by the 40 day volume moving average. All expontential if your wondering. This should give me a rough estimate on the amount in dollars of daily trades. I go for stocks with more than 500K to reduce some risk as its more liquid.
Lastly I too hope this post doesnt come accross as patronising. Its just we all have made similar unfavourable decisions.
TSV Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
